Global military spending at new post-Cold War high, fueled by U.S., China: think-tank

FILE PHOTO: U.S. President Donald Trump greets Lockheed Martin CEO Marillyn Hewson in front of a Lockheed Martin F-35 stealth fighter on the driveway abutting the South Lawn prior to delivering remarks at a showcase of American-made products event at the White House in Washington, U.S., July 23, 2018. REUTERS/Carlos Barria/File Photo

STOCKHOLM (Reuters) – Global military expenditure reached its highest level last year since the end of the Cold War, fueled by increased spending in the United States and China, the world’s two biggest economies, a leading defense think-tank said on Monday. In its annual report, the Stockholm International Peace Research Institute (SIPRI) said overall global […]

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